Ready to Sell Your Small Business
I am getting ready to sell my business. I’m feeling on edge and unsure. After 23 years of running this business I have to stop following my long-practiced habits and focus on what’s next – how do I do that? Thoughts of the Day: Transitioning from a small business owner to something else is a […]
Family business: Should I stay or should I go?
My parents run the family business and I’m working for them. With only general promises that someday it will be mine, I don’t have any shares. I don’t agree with what my parents are doing and think they’re making some serious mistakes that could make this a tougher business in the future. What should I […]
Family Business Succession Plans
Facing family business succession, we need a plan. We’re dealing with a family member who should be retiring. Unfortunately, she still owns the stock and is very controlling. We want to take the company forward, but don’t have the authority to do that. She has done some estate planning with experts. They don’t recognize […]